Methods for determining the value of fixed assets in accordance with Russian and International Standards of Accounting and Reporting

The article discusses the content of the basic normative documents regulating accounting rules fixed assets in the Russian and international practice; specifics of determining the cost of fixed assets, methods of depreciation and revaluation in accordance with Russian and international accounting standards; describes the indicators that characterize the availability and utilization of assets in public statements in accordance with RAS and IFRS.